On the record
The issue of bank notes would be governed by the opinions and interest of the banks, and the amount could be increased or diminished according to their interests and without regard to the public good.
Source
gutenberg.orgThe issue of bank notes would be governed by the opinions and interest of the banks, and the amount could be increased or diminished according to their interests and without regard to the public good.
Sherman critiques the influence of banks on the issuance of bank notes, emphasizing the need for public good over private interests.
Share
More from John Sherman
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.